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Performance Sensitivity of Executive Pay: The Role of Foreign Investors and Affiliated Directors in J apan
16 references·14 citing·38 second hop
Performance Sensitivity of Executive Pay: The Role of Foreign Investors and Affiliated Directors in J apan (2012)Performance Sensitivity of Executive Pay:…The Cross-National Diversity of Corporate Governance: Dimensions and Determinants (2003)The Cross-National Diversity …The Cross-National Diversity of Corporate Governance: Dimensions and Determinants (2003)The Cross-National Diversity …Institutional Investors and Executive Compensation (2003)Institutional Investors and E…Effect of Corporate Governance on Bond Ratings and Yields: The Role of Institutional Investors and Outside Directors* (2003)Effect of Corporate Governanc…Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives (2003)Boards of Directors and Firm …Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives (2003)Boards of Directors and Firm …Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure (1998)Theory of the Firm: Manageria…Meta-analytic reviews of board composition, leadership structure, and financial performance (1998)Meta-analytic reviews of boar…Appointments of outsiders to Japanese boards: Determinants and implications for managers (1994)Appointments of outsiders to …Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…Ownership structure and voting on antitakeover amendments (1988)Ownership structure and votin…Information, Incentives and Bargaining in the Japanese Economy (1988)Information, Incentives and B…Executive compensation, management turnover, and firm performance (1985)Executive compensation, manag…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Directors: Myth and Reality (1971)Directors: Myth and RealityThe Economic Theory of ‘Managerial’ Capitalism (1964)The Economic Theory of ‘Manag…The Impact of Corporate Governance on Financial Decision-making: Evidence from Non-financial Institutions in the Australian Securities Exchange (2024)The Impact of Corporate Gover…Institutional ownership and board governance. A structured literature review on the heterogeneous monitoring role of institutional investors (2023)Institutional ownership and b…Foreign Ownership, Appointment of Independent Directors, and Firm Value: Evidence from Japanese Firms (2021)Foreign Ownership, Appointmen…Executive remuneration, corporate governance and corporate performance: Evidence from China (2021)Executive remuneration, corpo…Accounting Frauds and Main-Bank Monitoring in Japanese Corporations (2021)Accounting Frauds and Main-Ba…Main bank relationship and accounting conservatism: evidence from Japan (2019)Main bank relationship and ac…Female directorship on boards and corporate sustainability policies: Their effect on sustainable development (2019)Female directorship on boards…Earnings quality and internal control in bank-dominated corporate governance (2019)Earnings quality and internal…Performance sensitivity of executive pay: the role of ownership structure, board leadership structure and board characteristics (2018)Performance sensitivity of ex…Ownership structure and firm performance of listed tourism firms (2018)Ownership structure and firm …Does board governance matter for foreign institutional investors to invest in listed tourism firms? (2018)Does board governance matter …Does the corruption perception level of a country affect listed firms’ IFRS 7 risk disclosure compliance? (2017)Does the corruption perceptio…Leveraging foreign institutional logic in the adoption of stock option pay among J apanese firms (2015)Leveraging foreign institutio…Controlling shareholders’ incentives and executive pay-for-performance sensitivity: Evidence from the split share structure reform in China (2014)Controlling shareholders’ inc…An Economic Theory of Democracy. (1958)Large Shareholders and Corporate Control (1986)Management ownership and market valuation (1988)Additional evidence on equity ownership and corporate value (1990)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)INSTRUMENTAL STAKEHOLDER THEORY: A SYNTHESIS OF ETHICS AND ECONOMICS (1995)Separation of Ownership and Control (1983)Bad Management Theories Are Destroying Good Management Practices (2005)External Control of Organizations: Resource Dependence Perspective (2011)How Does Human Resource Management Influence Organizational Outcomes? A Meta-analytic Investigation of Mediating Mechanisms (2012)Economic Action and Social Structure: The Problem of Embeddedness (1985)Institutions, Institutional Change and Economic Performance (1990)Why would corporations behave in socially responsible ways? an institutional theory of corporate social responsibility (2007)“Implicit” and “Explicit” CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility (2008)What We Know and Don’t Know About Corporate Social Responsibility (2012)A resource‐based view of the firm (1984)Social Capital in the Creation of Human Capital (1988)Resource Dependence Theory: A Review (2009)The Impact of Board Diversity and Gender Composition on Corporate Social Responsibility and Firm Reputation (2010)Institutional Complexity and Organizational Responses (2011)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Pay without performance: the unfulfilled promise of executive compensation (2005)Monitoring: Which institutions matter? (2007)Corporate Social Responsibility as a Conflict Between Shareholders (2010)A Survey of Corporate Governance (1997)Social Capital in the Creation of Human Capital (2000)SOME LESSONS FROM THE EAST ASIAN MIRACLE (1996)Working-Class Power, Capitalist-Class Interests, and Class Compromise (2000)HOW INSTITUTIONS EVOLVE (2003)Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms (2003)R2 around the world: New theory and new tests☆ (2005)Over-investment of free cash flow (2006)Higher market valuation of companies with a small board of directors (1996)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 2003Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives3,311 cited
  • 1998Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure2,749 cited
  • 1998Meta-analytic reviews of board composition, leadership structure, and financial performance2,327 cited
  • 2003Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives2,149 cited
  • 2003Institutional Investors and Executive Compensation2,012 cited
  • 2003The Cross-National Diversity of Corporate Governance: Dimensions and Determinants1,607 cited
  • 1988Ownership structure and voting on antitakeover amendments1,600 cited
  • 1988Information, Incentives and Bargaining in the Japanese Economy1,534 cited
  • 1971Directors: Myth and Reality1,488 cited
  • 1964The Economic Theory of ‘Managerial’ Capitalism1,215 cited
  • 1985Executive compensation, management turnover, and firm performance1,209 cited
  • 2003Effect of Corporate Governance on Bond Ratings and Yields: The Role of Institutional Investors and Outside Directors*1,193 cited

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2003
The Cross-National Diversity of Corporate Governance: Dimensions and Determinants
1,001 cited
  • 1994Appointments of outsiders to Japanese boards: Determinants and implications for managers957 cited
  • Cited by

    • 2018Ownership structure and firm performance of listed tourism firms60 cited
    • 2018Performance sensitivity of executive pay: the role of ownership structure, board leadership structure and board characteristics52 cited
    • 2015Leveraging foreign institutional logic in the adoption of stock option pay among J apanese firms50 cited
    • 2019Female directorship on boards and corporate sustainability policies: Their effect on sustainable development47 cited
    • 2023Institutional ownership and board governance. A structured literature review on the heterogeneous monitoring role of institutional investors46 cited
    • 2018Does board governance matter for foreign institutional investors to invest in listed tourism firms?45 cited
    • 2014Controlling shareholders’ incentives and executive pay-for-performance sensitivity: Evidence from the split share structure reform in China39 cited
    • 2021Executive remuneration, corporate governance and corporate performance: Evidence from China38 cited
    • 2017Does the corruption perception level of a country affect listed firms’ IFRS 7 risk disclosure compliance?31 cited
    • 2019Earnings quality and internal control in bank-dominated corporate governance31 cited
    • 2021Accounting Frauds and Main-Bank Monitoring in Japanese Corporations29 cited
    • 2021Foreign Ownership, Appointment of Independent Directors, and Firm Value: Evidence from Japanese Firms24 cited
    • 2019Main bank relationship and accounting conservatism: evidence from Japan24 cited
    • 2024The Impact of Corporate Governance on Financial Decision-making: Evidence from Non-financial Institutions in the Australian Securities Exchange22 cited